Where is Grupo Aeroportuario del Centro Norte (OMAB) Headed According to Analysts?

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) is one of the best airport and air services stocks to buy. On August 11, Grupo Santander downgraded Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) to Neutral from Outperform, setting a price target of $105.

In another report released on July 30, Barclays analyst Pablo Monsivais raised the firm’s price target on Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) to MXN 268 from MXN 265, keeping an Overweight rating on the shares.

The firm updated its estimates after Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) announced its fiscal Q2 earnings on July 28, reporting a 11.3% increase in passenger traffic, reaching 7.2 million passengers.

Adjusted EBITDA rose by 18.8% compared to fiscal Q4 2024, reaching Ps 2,564 million.

Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (NASDAQ:OMAB) is involved in the operation and management of airports. The company’s operations are divided into the following segments: Metropolitan, Tourist, Regional, Border, Hotel, Industrial Park, and Other.

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Disclosure: None. This article is originally published at Insider Monkey.